Court Upholds Brittania's €3.37M Zinc Cartel Fine

Law360 (March 1, 2007, 12:00 AM EST) -- A European Union top court told Britannia Allows & Chemicals on Thursday that it must pay €3.37 million for its involvement in a zinc cartel, even though the European Commission had bent its policies when calculating the fine.

In 2001, the Commission fined six companies for participating in a cartel from 1994 to 1998 by fixing the price and sharing the market for zinc phosphate.

Zinc phosphate is used as an anti-corrosion mineral in protective coating systems. It is widely found in automotive, aeronautic and marine...